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Nah, it’s not Obama’s fault. It’s the employer’s fault for giving into union demands until they cannot afford to pay for all the benefits they’ve already agreed to. The only way out is to declare bankruptcy, have a judge break the union contract, and rebuilt the company employment workforce with either no unions or a union contract that doesn’t bankrupt the company. This is happening all over the country as companies are realizing that they gave away too many generous benefits that they couldn’t pay for. And usually it’s only government that makes this stupid mistake…

What weird conservative interpretations. There’s only so much you can cut wages and benefits until your workers are no longer making a living. Do you really want them on the taxpayers dime for Medicaid and food stamps? The problem with Hostess was its unwillingness to change with the times. Very few people want that many artificial ingredients or preservatives in their food these days. Cereal companies like General Mills and Kelloggs have been good about updating their product line to things people want to buy — they’re not trying to push Sugar Smacks in 2012. Being unwilling to change to adapt to markets is a problem with management, not labor.

Nope, try again. The current leadership of Hostess gave themselves massive (like 100%) raises WHILE cutting benefits for their employees, then declaring bankruptcy. Don’t blame the unions for all of this.

Let’s not forget the cost of sugar as determined by the “free market.” The price of sugar a prime ingredient is kept artificially (yes) high by tariffs. Mexico will soon be making Twinkies and avoid the mandated tax. Which played a bigger role in the demise, unions or Congressional Act, think about it.

The newspapers have reported that the owners of Hostess are closing it down, but give several reasons:

1. Terrible management, trying to sell unhealthy snacks now that Americans only want whole-grain breads and broccoli. (We can safely rule out that version, of course.)

2. Unreasonable labour who demanded more compensation than the company could afford.

or 3. Unreasonable management who, as is now standard, took over the company with an LBO, borrowed against the plant and the pensions and paid themselves the full value of the loan, leaving the shell of the company hopelessly in hock with no way to repay the lenders or the workers (the lenders get first dibs, the workers probably get nothing). Once illegal, but now considered optimal management practice.

I have no idea which of the three (or which combination) is true, and no one seems to be providing links, just claims that it’s #1, #2 or #3 (the ones who claim it’s #1 please get in touch with me, I have this bridge you couldn’t possibly live without).

Nope, try again. The current leadership of Hostess gave themselves massive (like 100%) raises WHILE cutting benefits for their employees, then declaring bankruptcy. Don’t blame the unions for all of this.

Northwest Airlines did that a few times before begging to be bought out.

1)They’d go into bankruptcy2) Get the unions to agree to pay and benefit cuts3) Beg for and receive money from the state of MN in exchange agreements of bringing jobs to MN or keeping more here4) Emerge from bankruptcy5) Renege on it’s deal with the state and/or decide it can’t replay the money6) Management votes itself pay raises for navigating the company out of bankruptcy7) Repeat in a few years.

But like most of the “conservative” posters say, it’s all the fault of those damn greedy unions!